Blinken cancels visit over Chinese spy balloon

US authorities say a “surveillance” balloon is floating eastward over the country while Chinese officials say it strayed into US airspace unintentionally.

G7, EU and Australia agree on price cap on Russian fuel

Major industrialised countries in the west, including Australia, will impose a price cap on refined Russian oil products such as diesel and kerosene.

UK lawsuit of ‘bitcoin inventor’ can go to trial

Australian computer scientist Craig Wright is suing 15 developers in a London court in a bid to retrieve about 111,000 bitcoin after he lost the encrypted keys.

Nasdaq soars on Meta bump, Fed lift

The Nasdaq and S&P 500 ended higher on Thursday after touching roughly five-month intraday highs as a more dovish-than-expected message from Federal Reserve Chair Jerome Powell boosted equities and Meta Platforms shares soared on rigorous cost controls.

Bank of England hikes rates by half-point

A majority of members of the Bank of England’s Monetary Policy Committee have voted to increase the base interest rate from 3.5 per cent to 4 per cent.

McCarthy says he will meet Biden again on U.S. debt ceiling

Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday that he and President Joe Biden have agreed to meet again for talks on raising the U.S. government borrowing limit.

Problems mount as Sunak reaches 100 days as UK PM

Rishi Sunak marks 100 days as UK prime minister with a daunting list of problems to fix, from soaring inflation to strikes and sleaze, before the 2024 election.